House Prices To Add Another 20% If Banks Don’t Slam The Brakes
Chatter about the possible introduction of macro-prudential controls to slow house price growth is increasing, while rep...
The suburb’s capital gain of 3.95% for the past year is lower than average compared to its 30.82% growth within a five-year period.
Also in MINERS REST, the median home price is sitting at $440,220, and the average rent at $370, this suggests property owners could potentially earn a 4.37% increase in gross rental yield.
Property investors have seen a 2.38% gain in MINERS REST based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.36% growth over a ten-year period. It ranks 2329th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.95%||N/A|
|Median 3 years||23.46%||N/A|
|Median 5 years||30.82%||N/A|
|10 years average annual||3.36%||N/A|
|Weekly media advert. rent||$370||N/A|
|Time on Market||42.6 days||N/A|
|Gross Rental Yield Percent||4.37%||N/A|